Prestige Location And Accomodation In Thriving Victoria’s Second Largest City - 2876mf
Victoria
REDUCED FREEHOLD $7,500,000
Key Features
AI generated. Contact seller to confirm.
- Freehold going concern, no lease encumbrances
- 23 contemporary rooms, including deluxe and family suites
- Waterfront location, walking distance to CBD and university
- Consistent occupancy and revenue growth, solid trading history
- Well-maintained purpose-built property with secure off-street parking
- Zoning permits redevelopment up to 32 levels
- Turnover: Not disclosed
- Net Profit: Not disclosed
- Rent/Lease: No lease (Freehold)
- Stock Value: Not disclosed
- Established: Not disclosed
Business Details
Business Category Motel
- Just over an hours drive from Melbourne.
- Freehold Going Concern - no lease encumbrances.
- 23 contemporary rooms with a mix of deluxe, spa and family suites. Top level offering water views.
- Outstanding location on the western edge of Geelong opposite the waterfront, walking distance to the CBD, University, hospitals, and transport.
- Solid trading history with consistent occupancy and revenue growth.
- High-visibility site with excellent exposure.
- Well-maintained, purpose-built property.
- Secure off-street parking for guests.
- Long-term operational team in place - ideal for investor or owner-operator.
- Additional revenue with long term retail shop on floor level.
- Zoning allows redevelopment of up to 32 levels.
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2876MF (quote when enquiring)
Property Code: 5270
- Freehold Going Concern - no lease encumbrances.
- 23 contemporary rooms with a mix of deluxe, spa and family suites. Top level offering water views.
- Outstanding location on the western edge of Geelong opposite the waterfront, walking distance to the CBD, University, hospitals, and transport.
- Solid trading history with consistent occupancy and revenue growth.
- High-visibility site with excellent exposure.
- Well-maintained, purpose-built property.
- Secure off-street parking for guests.
- Long-term operational team in place - ideal for investor or owner-operator.
- Additional revenue with long term retail shop on floor level.
- Zoning allows redevelopment of up to 32 levels.
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2876MF (quote when enquiring)
Property Code: 5270
What's Nearby
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.